Many married couples have estate plans which take advantage of the federal and state estate tax exemption of the first spouse to die by holding that exemption amount in what is commonly known as a … [Read more...]

Congress enacted the Corporate Transparency Act (CTA) on January 1, 2021, as part of the National Defense Authorization Act.  On December 8, 2021, the U.S. Department of the Treasury’s Financial … [Read more...]

Most people are aware that investment accounts and bank accounts can be registered with a beneficiary designation.  These designations are referred to as TOD/POD (transfer/payable on death).  They … [Read more...]

It is customary for business founders to select a limited liability company or an S corporation as the entity for their start-ups.  The allure is straightforward  --  neither entity is taxable, and … [Read more...]

The world of estate planning is ever changing, and what may have been the proper way to set up a trust for a special needs individual may be different now than it was a few years ago.  It is important … [Read more...]

One of the most common questions posed by employees and employers alike, is whether a certain non-competition covenant is enforceable.  The answer varies, depending upon the particular language of the … [Read more...]

Daniel B. Fitzgerald was a guest lecturer at the University of New Haven, where he addressed a sports management class taught by veteran broadcaster and sports media professional, J.W. Stewart.  Mr. … [Read more...]

Daniel B. Fitzgerald was a speaker at the Advanced Labor & Employment Law Symposium sponsored by the Connecticut Bar Association’s Labor & Employment Section.  Mr. Fitzgerald was joined by … [Read more...]

Federal Estate & Gift Tax Exemption The IRS announced that the federal estate and gift tax exemption for 2023 will now equal $12,920,000, which is an inflation-adjusted increase of $860,000 from … [Read more...]